Unit Information
328 Cabot Street is a four-unit multifamily property along Beverly's Cabot Street corridor — close to downtown dining, commuter rail, and North Shore amenities. The mix is two one-bedroom and two two-bedroom units. The property currently generates $6,680/month from the occupied units, with one unit vacant, and offers projected stabilized rents of approximately $8,080/month. Three of the four units may be delivered vacant, providing flexibility for owner-occupancy, renovation, repositioning, or a reset to market rents, while one unit is held by an existing fixed-term lease for immediate in-place income. A full attic level — accessed by two staircases, with high ceilings and finished dormers — offers substantial expansion potential, subject to permitting. Zoned CC — Central Business District, 328 Cabot is a value-add opportunity in a central, high-visibility Beverly location. Buyer to perform all due diligence regarding zoning, use, expansion, and future development potential.
- Additional Details
- Status: NEW
- Type: Multi-Family, Quadruplex
- Zip Code: 01915
- Levels: 4
- Parking
- Garage Capacity: 6
- Parking: Off Street,On Street,Paved,Unpaved
- Parking Spaces: 6
- Rooms and Dimensions
- Total Units: 4
- Total Floors: 4
- Total Rooms: 20
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$1,149,000
- Status: New
- Listing ID: 73541603
- Bedrooms: 7
- Full Baths: 4
- Living Area: 3,845 sqft Convert
- Lot Size: 6,652 sqft Convert
- Acres: 0.15
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Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |